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Biden Panders to Elderly w/ Big Social Security Boost, Likely to Worsen Inflation
Headline USA ^ | October 12, 2022 | Staff

Posted on 10/12/2022 12:02:16 PM PDT by Red Badger

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To: laplata

Just saw this, which says Medicare Part A goes up, and
Medicare Part B goes neutral or down. Part D will
likely go up a little.

Not sure how the plans will break out yet.

Here:

https://www.cnet.com/personal-finance/heres-how-much-medicare-premiums-and-deductibles-will-be-in-2023/


41 posted on 10/12/2022 12:59:46 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: laplata

I don’t understand why people on welfare get free medical but the ones on SS have to pay for it. It should be the other way around


42 posted on 10/12/2022 1:03:41 PM PDT by roving ( Pronouns- libs/suk)
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To: desertfreedom765

More like 2-3-4%, if we don’t financially collapse, by then.


43 posted on 10/12/2022 1:05:17 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Red Badger

I take it that Xiden is claiming credit for something that is built in the Social Security legislation. Xiden didn’t wake up one day and decide to add 8% to social security checks.


44 posted on 10/12/2022 1:05:46 PM PDT by Sam Gamgee
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To: rexthecat

Want to hear something that will boil your blood? My grandma is a Canadian citizen and will get getting social security.


45 posted on 10/12/2022 1:06:45 PM PDT by Sam Gamgee
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To: Red Badger

Wage-Price Inflation Spiral, here we come - thanks Brandon.


46 posted on 10/12/2022 1:07:07 PM PDT by 4Liberty (On Jan 6th: Trump’s OWN F.B.I. plotted against him.)
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To: Sam Gamgee
My grandma is a Canadian citizen and will get getting social security.

She must have earned it.

47 posted on 10/12/2022 1:10:27 PM PDT by 1Old Pro
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To: Red Badger

“… may be as big as 9%.”

Won’t do much to offset my IRA losses.


48 posted on 10/12/2022 1:15:49 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: Carriage Hill

I don’t understand what you are saying.

Do you think the inflation rate is 2-4%?

If so do you pay any bills?


49 posted on 10/12/2022 1:16:23 PM PDT by desertfreedom765
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To: Red Badger

Biden has little to do with the COLAs. They are written into law and determined by SSA, not Biden.

Bid DOES have much to do with inflation, which does cause the COLAs to increase, however.

These broad-brush accusations for political reasons get silly after a while.


50 posted on 10/12/2022 1:17:48 PM PDT by TomGuy
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To: Red Badger

Big, my ass!

Give congress a 3% raise and the stinking communist bastards would go ballistic...


51 posted on 10/12/2022 1:19:43 PM PDT by SuperLuminal
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To: DoughtyOne

Thanks for that. I jumped the gun and am probably wrong.


52 posted on 10/12/2022 1:22:40 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: laplata
Medicare is going to increase more than whatever % increase SS goes up so people on SS will actually lose out.

Wrong.


Medicare Part B premium will actually decrease by $5.20:
The standard monthly premium for Medicare Part B enrollees will be $164.90 for 2023, a decrease of $5.20 from $170.10 in 2022.

source: 2023 Medicare Parts A & B Premiums and Deductibles 2023 Medicare Part D Income-Related Monthly Adjustment Amounts

53 posted on 10/12/2022 1:22:58 PM PDT by TomGuy
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To: 1Old Pro

She married an American man 20 years her senior and he died. So now she gets the survivor portion of his pension. I love her and all but that would piss me off if I was a US taxpayer.


54 posted on 10/12/2022 1:24:06 PM PDT by Sam Gamgee
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To: Sam Gamgee
I love her and all but that would piss me off if I was a US taxpayer.

Don't worry, we'll just print more money. Oh, inflation is transitory.

55 posted on 10/12/2022 1:26:05 PM PDT by 1Old Pro
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To: DoughtyOne

Thanks for the link. I’ll go over it.


56 posted on 10/12/2022 1:26:35 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: roving

Good point. Our system is totally out of wack.


57 posted on 10/12/2022 1:28:22 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: Red Badger

Part of the drain on Soc Sec is caused by paying out to ‘refugees’ who never paid in a penny.

Paying out ‘Disabled’ to persons who do NOT have a physical disability-—They use drugs-—OR they GAMBLE & they get to COLLECT SSDI....

Those ‘lawyers’ who ‘specialize’ in such claims should be disbarred.


58 posted on 10/12/2022 1:32:13 PM PDT by ridesthemiles
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To: desertfreedom765

I saw one interview that the inflation rate is 18.4%.

https://clicks.aweber.com/y/ct/?l=Dq6yu&m=3Vv3QZC6J.6cBfA&b=nGf3XKMX.EdFqfnuRETauw


59 posted on 10/12/2022 1:32:32 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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To: desertfreedom765

I said inflation rate was over 18%. Sorry, you are correct.


60 posted on 10/12/2022 1:34:35 PM PDT by laplata (They want each crisis to take the greatest toll possible.)
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